Dear customer

On April 13th, the Zhengzhou Commodity Exchange issued a notice on adjusting the trading guarantee standard and up/down limit range for some contracts of white sugar futures. The main content of the notice is: starting from the settlement on April 19, 2023, the trading guarantee standard for contracts 2307 and 2309 of white sugar futures will be adjusted to 9%, and the up/down limit range will be adjusted to 8%.

According to the notice from the exchange, our company has decided to synchronously adjust the company's trading guarantee level for the aforementioned futures contracts: starting from the settlement on April 19, 2023, the company's trading guarantee level for the 2307 and 2309 contracts of white sugar futures will be adjusted from 13% to 15%, which is to maintain an additional six percentage points on the exchange basis.

Hereby notified.

Guangfa Futures Co., Ltd

April 17, 2023